Adding/Changing Payment Elections in Workday


Purpose

This document explains how to add and/or change payment elections in Workday.

Not what you are looking for? Use the button below to visit our Library and find the information you need!

Library of Workday Knowledge Base Articles

Keep in Mind

· You can have up to six Regular payment elections

· You can have only one payment election for Expense Reimbursements.

· If you receive payments through rapid! PayCard, please contact them directly at 1-888-727-4314 with any questions or concerns, including replacing lost cards.

Adding Payment Elections Steps

1. Log into Workday using your CNET ID and password.

2. Click Menu in the top-left corner and select the Pay application.

3. Under Actions select Payment Elections.

4. Within the Payment Elections page under Accounts, select Add to add a new account in which you want to specify payment election (how your pay will be distributed).

a. If this is your first time adding an account, please specify your preferred payment method (direct deposit or check) for Regular, Expense Reimbursement, Fiscal Year End, and Calendar Year payments.

5. In the Account Information section, complete the following:

a. Account Nickname (optional) – helpful in distinguishing between accounts.

b. Routing Transit Number – please type carefully; invalid routing numbers will not be accepted.

c. Bank Name

d. Bank Identification Code (optional)

e. Account Type – Select Checking or Savings

f. Account Number – please type carefully

6. Click OK to save your entries and return to the Payment Elections screen.

a. Your payment elections will default to paying 100% into your newly added account. To change this, please first add any other accounts you would like to receive payment, and then follow the Changing Payment Elections Steps section of this document.

Changing Payment Elections Steps

1. Log into Workday using your CNET ID and password.

2. Click Menu in the top-left corner and select the Pay application.

3. Under Actions select Payment Elections.

4. Within the Payment Elections page scroll down to the Payment Elections section and select Edit next to the Pay Type that requires changing.

5. On the Payment Election screen, make updates to the applicable fields. These include Payment Type, Account, and *Balance / Amount / Percent information.

6. Click the plus-sign to add additional accounts. You can only select accounts that you have already added.

         a. Please refer to the Adding Payment Elections Steps section of this document for more information.

7. If more than one payment election is listed, make sure the *Balance / Amount / Percent information reflects the accurate distribution of your payment preferences.

8. Click OK to save your entries and return to the Payment Elections screen.